Word: indexable
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...farm equipment, once as short as Chevvies. After a long climb, employment and production in some industries were both dropping "unseasonally" at year's end. Though employment, at 60.1 million, was almost one million above the end of 1947, the Bureau of Labor Statistics' cost-of-living index, which reached a postwar peak of 174.5 in August, had steadily moved down to about...
What little slack there was suddenly disappeared. Industrial production moved up again; the National Industrial Conference Board's consumers' price index shot up to the highest point in its 34-year history; employment, which had been holding steady, began to climb; in July it reached an alltime peak of 61,615,000. The labor shortage, in the words of one depressed Chicago personnel manager, "is worse than steel." And the U.S. had its first $1-a-pound roundsteak...
...consumers, there was a cheery note: sliding food prices had caused another drop in the BLS cost-of-living index. It was off 0.8% to 172.2 (1935-39 = 100), lowest in five months...
Jean-Paul Sartre, the high priest of the gloomy Gallic cult of existentialism, has been buffeted about recently. First, the Vatican put his works on the Index. More recently, the Russians have been after him. In the U.S., he has reached a precarious state of respectability; his earlier works are being reissued...
...consumers, most of them were welcome. Food, which had risen so much higher than anything else, was finally dropping enough to be a help to budget-bound housewives; meat, butter, eggs, etc. were all down. Dun & Bradstreet's weekly index of the wholesale food price (per pound) of 31 items slid to $6.33, lowest in 17 months, and 14% below July's alltime high...